Directors dealing following exercise of options

RNS Number : 6623V

WANdisco Plc

30 October 2014

 

30 October 2014

WANdisco plc

("WANdisco" or the "Company")

Directors dealing following exercise of options

On 29 October 2014 Paul Harrison completed the exercise of 138,784 options over ordinary shares in WANdisco, and subsequent sale of 68,463 of these shares in order to fund the tax liability resulting from the exercise of options. The shares were sold at a volume-weighted average price of 401 pence per share.

These options were due to lapse on 15 March 2015. The permissible period for exercising the options ends on 31 December 2014, before the start of WANdisco's next closed period in advance of the announcement of 2014 financial results.

An award of additional options to Paul Harrison, first announced on 27 September 2013, has now been finalised at 140,061 share options with an exercise price of 10 pence per share.

As a result of these transactions and awards, Paul Harrison has an interest, through either share ownership or options, in 368,468 WANdisco shares, representing 1.3% of WANdisco's total share capital (including options).

Ends

For further information please contact:

WANdisco plc	via FTI Consulting LLP
David Richards, Chief Executive Officer Paul Harrison, Chief Financial Officer Phil Branston, VP Corporate Development and Investor Relations
FTI Consulting  LLP	[phone]
Matt Dixon / Rob Mindell
Investec Bank plc (Joint Broker and Nominated Adviser)	[phone]
Christopher Baird / Dominic Emery
UBS Investment Bank  (Joint Broker)	[phone]
Rahul Luthra / Sandip Dhillon

Notes to Editors:

About WANdisco

WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and availability. WANdisco's products are differentiated by the company's patented, active-active data replication technology, serving crucial high availability (HA) requirements, including Hadoop Big Data and Application Lifecycle Management (ALM), including Apache Subversion and Git. Fortune Global 1000 companies, including Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.

 

END

 

 

RDSEADENALSLFAF